Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I would like to bet a friendly wager, we get much better news tonight. I have no insider info, but this may be the tip of the iceberg. These articles are turning to us.
NOTICE OF DEPOSITION OF THE OFFICE OF THRIFT SUPERVISION
http://www.ghostofwamu.com/documents/10-51387/10-51387-0047.pdf
hmmmmmmmmmmmmm.
from Yanik on uq board.
I think FDIC should give JD $1 LMAO. eom
Fine by me, we know who's getting paid first :)
I like to see that nice pop-lets hope we dont get a walkdown.
EXDIMER- as someone that "lost millions" you see nothing wrong that happened to WaMu??? Wow, I wish I had either your A. mindframe or B. bankroll. If I would have lost "millions" I would gamble at least a couple a grand to recoup.
You must be a special guy LMAO.
If thats the case, shouldn't we be back to .40?
So are we to expect another dump this morning?
Freakin nice XOM! eom
Man I hope not, but I see your valid point. eom
Chrion,
I doubt that would happen. IF JH actually works for equity, he would at least "reach" for some money.
If I am wrong and JH comes out with all is hunky dorie(as just mentioned), then kiss it goodbye. I just cant see a scenario with all we've gone through for that to happen.
expect the unexpected.
looked familiar------
Originally published July 15, 2009 at 2:50 PM | Page modified July 16, 2009 at 9:40 AM
Comments (67) E-mail article Print view Share
Chase CEO Dimon: No more cuts in Seattle operations
JPMorgan Chase doesn't plan further cutbacks in the Seattle operations it acquired when it bought failed thrift Washington Mutual last September...
Thanks Learning for the signals. I'll remember to do the opposite of HotStock as the world turns.
Bus-I assume your new. Thats ok.
Preferreds are valued at 1000 + 77.5ish dividends. No one knows if that will be paid or not in the end---but at this point looks very likely. End of Oct will be telling. Some theorize they will have to be paid first before wamuq is paid any. Others believe preferreds will take a loss or haircut if wamuq is to be paid nothing, so they can have a taste.
With JMW going by the book, I would say preferreds are to be paid in full, and commons following. If this happens, The only people that know the answers are the negotiators.
I will be happy if there is 20B available after liabilities. Both stocks are fair plays.
best of luck -
-in my opinion and dont follow my advice-
Yea, definitely remember that one. Came out long enough to spur us in the direction they wanted, and crash us into a brick wall. Thanks for keeping up with the board longs- you know who you are.
Too bad they are down by 9 on the last play.
KEEPITREAL. If you think the examiner is a sham, then you believe we are going to get shafted, then you need to sell and cut your losses now. Its time to get serious, we may be coming down to the wire. The countdown has started.
Nice post William. Let us hope logic is on our side. eom
Catz- did the EC members seem pleased with yesterdays outcome?
cicipizza-I dont share your enthusiasm. eom
So do you think you should hang around. Unless you have a better financial idea. I think Ill roll the dice.
Dude, keep it real, cause the only think BR was ever going to give us was the finger. Remember those meetings in June? The examiner is getting the door opened for him, for now.
As an independent- the examiners voice helps the judge decide. Before it was our word vs. theirs.
With the examiners report, if it comes out the way we think it will, its going to extremely hard to refute the results. If we already had the SJ for 4B, theres no way in hell JPM would be getting that back..
Id give him 2million if he can get us 20Bil.
Two months----- after that we can make it rain, if you know what I mean.
Lebo--- are you in touch with Ilene?? whats the scoop??
Saying its too easy?eom
There is always a chance some DONT KNOW whats coming. Hell I dont know. BR is good isnt he? Really smart, playing good guy, bad guy. He has pissed the court off a couple times now, so he knows he has to be an angel today, get back in good graces, before he acts like an imbecile again. walking the line.
Maybe JD's orders have changed from denial to acceptance, with delay delay delay. imo
EDIT- I MISSED THAT. THX UZ, LIU EOM.
Just delaying the inevitable. I would do the same to keep the money as long as possible. JH and SS will call a clock soon, and then BR will have to show is 7-deuce off suit to our kings full.
I say if they keep it sealed, and after we settle, we get a pot together for an ad in the WP/WSJ/NYT for the real story behind JPM and WaMu.
Ive never wanted to personally put someones family jewels in a vice until today..
thanks for the breakdown, looks good. Im sure preferred holders are happy to see it (as long as its correct).
Its likely your feelings are correct regarding tomorrow. I just hate that this rabbit hole is very, very, very, deep.
Im ready to get the show on the road. In my personal opinion, I dont think Josh will say anything to hurt equity. Remember, he works for equity and UST. So far he probably just starting to sort out the main sticking points brought to him by SS, EC, and Solomon.
I do hope he mentions some positive news.
First things first.
Get 24-100 out of your mind.
You must be reading Wangs posts.
(seems you would have more if you thought it was possible to reach 100)
You can expect a drop on Tuesday..... but it really depends on the words that come out of JH mouth. If he stays with "we need more time" theme, expect a small shake. If JH comes with positive news- mentioning SJ or NOls etc, then expect a nice jump.
Expect the unexpected.
all imo-
There will be many up and downs from here on out- so if you cant take the heat..............
(my gf likes the heat)
Im not sure the folks here forget easily. I think I'll predict we do not sattle today.
XOM- let us know when you hear re FOIA.-thx
Gotta have the stones for this one.
http://www.theroyalhalf.com/images/stories/10/july/563377975_6eca8d6e16.jpeg">http://www.theroyalhalf.com/images/stories/10/july/563377975_6eca8d6e16.jpeg" />